Top Ranked Momentum Stocks to Buy for July 13th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, July 13th:


Earthstone Energy, Inc.


ESTE

: This independent oil and gas company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.

Earthstone Energy’s shares gained 5.9% over the last one month compared with the S&P 500’s growth of 3%. The company possesses a

Momentum Score

of A.


The Middleby Corporation


MIDD

: This company that designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Middleby Corp’s shares gained 6.6% over the last one month. The company possesses a Momentum Score of A.


Grindrod Shipping Holdings Ltd.


GRIN

: This international shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Grindrod Shipping’s shares gained 21% over the last one month. The company possesses a Momentum Score of B.


Hibbett, Inc.


HIBB

: This retailer of athletic-inspired fashion products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 79% over the last 60 days.

Hibbett’s shares gained 15.4% over the last one month. The company possesses a Momentum Score of A.

See the


full list of top ranked stocks here

Learn more about the


Momentum score and how it is calculated here


.


Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.


See 3 crypto-related stocks now >>

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